TIDMIOF

RNS Number : 3599Q

Iofina PLC

20 February 2023

20 February 2023

Iofina plc

("Iofina" or the "Company")

(AIM: IOF)

Director/PDMR Dealing

Iofina plc (AIM: IOF) announces that it received notification on 17 February 2023 that Lance Baller, Non-Executive Chairman of the Company, purchased 50,000 ordinary shares in the capital of the Company at a price of 31 pence per share. Further details are set out in the notification of dealing form below.

Following the purchase, Mr. Baller holds 5,550,000 ordinary shares, representing approximately 2.89 per cent. of the Company's issued share capital. The shares purchased represent approximately 0.03 per cent. of the Company's issued share capital.

 
                                    Resultant interest   Resultant percentage 
                  Ordinary shares          in ordinary     of issued ordinary 
 Director/PDMR          purchased               shares                 shares 
 Non-Executive 
  Chairman                 50,000            5,550,000                  2.89% 
                 ----------------  -------------------  ---------------------

This notification relates to transactions notified in accordance with Article 19 of the UK Market Abuse Regulation.

Enquiries:

Dr. Tom Becker

CEO & President

Iofina plc

Tel: +44 (0)20 3006 3135

Nomad & Broker:

Henry Fitzgerald-O'Connor/Patrick Dolaghan/Andrew Potts

Canaccord Genuity Limited

Tel: +44 (0)20 7523 8000

Financial Adviser:

Kingsley Wilson

Chrystal Capital Partners LLP

Tel: +44 (0)20 7850 4761

Media Contact:

Charles Goodwin/Shivantha Thambirajah/Jazmine Clemens

Yellow Jersey PR Limited

Tel: +44 (0)7747 788 221/+44 (0)7983 521 488

www.iofina.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
       Details of the persons discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                             Lance Baller 
      -------------------------------  ----------------------------------------- 
       Reason for the notification 
  2 
      -------------------------------------------------------------------------- 
 a)    Position/Status                  Director 
      -------------------------------  ----------------------------------------- 
 b)    Initial notification/            Initial notification 
        Amendment 
      -------------------------------  ----------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------- 
 a)    Name                             Iofina plc 
      -------------------------------  ----------------------------------------- 
 b)    LEI                              213800QDMFYVRJYYTQ84 
      -------------------------------  ----------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
      -------------------------------------------------------------------------- 
 a)    Description of 
        the financial 
        instrument, type 
        of                                Ordinary shares of GBP0.01 each 
        instrument 
                                          GB00B2QL5C79 
        Identification 
        code 
      -------------------------------  ----------------------------------------- 
 b)    Nature of the                    Purchase of ordinary shares 
        transaction 
      -------------------------------  ----------------------------------------- 
 c)    Price(s) and                       Price(s)   Volume(s) 
        volume(s)                          31p        50,000 
                                                     ---------- 
      -------------------------------  ----------------------------------------- 
            Aggregated information 
 
              *    Aggregated volume 
                                          50,000 
 
 
 d)           *    Price                  31p 
      -------------------------------  ----------------------------------------- 
 e)    Date of transaction              17 February 2023 
      -------------------------------  ----------------------------------------- 
 f)    Place of transaction             London Stock Exchange, AIM Market (XLON) 
      -------------------------------  -----------------------------------------

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END

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February 20, 2023 02:00 ET (07:00 GMT)

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